Refers to the total of all policyholder accounts that an insurance agent "owns." Often this ownership interest is expressed in the total number of policies, policyholders, households, annual premium volumn or in annulized commissions. These can be from only one insurance company or serveral companies. Due to contractual rights, the insurance company or companies typically own the accounts and the agent or agency owns only the ecconomic interest in the accounts, which can be sold to other agents or agencies with limitations.